Schaeffler

The Schaeffler Group is a global automotive and industrial supplier based in Germany. It was founded in 1946 by brothers Wilhelm and Georg Schaeffler, and is currently headquartered in Herzogenaurach, Germany. The company is divided into three main divisions: Automotive OEM, Automotive Aftermarket, and Industrial. Its products include engine, transmission, and chassis components in the automotive sector, as well as bearings and other components for industrial applications.
The company has a global presence, with over 170 locations in more than 50 countries. It employs over 92,000 people worldwide and generated sales of around 14.2 billion euros in 2020.
In addition to its main divisions, Schaeffler also has a separate division dedicated to research and development, as well as a digitalization unit focused on developing software and services for the mobility of the future.
In recent years, Schaeffler has made significant investments in electric mobility and autonomous driving, as well as in the development of sustainable technologies for the automotive industry. The company has also been recognized for its commitment to sustainability, receiving awards for its environmental, social, and governance practices.
Overall, the Schaeffler Group is a major player in the automotive and industrial supply industry, with a strong global presence and a focus on innovation and sustainability.

There are several unique aspects of the Schaeffler company that set it apart from other companies in the same industry:
1. History and Tradition: The Schaeffler company has a long history and has been in operation since its establishment in 1883. It has faced and overcome many challenges, evolving into a global company with a strong heritage and tradition.
2. Innovation and Technological Advancements: Schaeffler has a strong focus on research and development, with over 8,000 employees working in this area. The company has filed hundreds of patents every year and invests a significant amount of its revenue in developing new technologies, products, and solutions.
3. Global Presence: Schaeffler is a truly global company with operations in over 170 countries, making it one of the largest and most widespread companies in the industry. Its global presence allows it to serve customers worldwide and benefit from diverse perspectives and expertise.
4. Diversified Product Portfolio: Schaeffler has a broad range of products and solutions, including bearings, automotive technologies, industrial services, and other precision components. This diversification helps the company mitigate risks and ensures a stable income stream.
5. Commitment to Sustainability: Schaeffler is committed to sustainability in its operations, products, and supply chain. The company has set ambitious goals for reducing its environmental footprint and promoting sustainable practices throughout its business operations.
6. Strong Corporate Culture: Schaeffler has a unique corporate culture, which is built on trust, respect, and collaboration. The company values its employees and fosters a culture of innovation, diversity, and open communication.
7. Customer-focused Approach: Schaeffler puts its customers at the center of everything it does and aims to provide them with the best quality products and services. The company prides itself on its close relationships with customers and its ability to understand their needs and provide tailored solutions.